Key members of the OPEC+ alliance have decided to delay production increases as crude prices remain stagnant. The organization is extending its output cuts to support prices, a move that reflects ongoing concerns about market demand and compliance issues. As a result, the planned revival of oil production has been pushed back, likely for three months, with extensions of cuts anticipated into 2026. In the meantime, US drivers benefit from lower gasoline prices as OPEC+ navigates a challenging landscape of ample supply outlook and geopolitical tensions.